Stock Of The Day – Is The Goldman Sachs Selloff Finally Over?
1. Goldman Sachs is consolidating after a 20% decline. 2. The stock is considered extremely oversold, indicating potential for a rebound. 3. Resistance expected around the $558 level, influencing buy/sell decisions. 4. Traders anticipate a reversal as buying interest may increase. 5. High sell orders at resistance could impact further price movements.